Articles - Schroders- Budget 2012 preview


 Ahead of tomorrow's budget announcement, Schroders' European Economist, Azad Zangana, gives his views on what we can expect from the 2012 Budget:

     
  •   We expect the Chancellor to focus on growth measures that will not dent the exchequer.
  •  
  •   The income tax threshold is clearly on the agenda, but in order to fund a cut in the top rate of tax, the Chancellor will have to find a way to recoup the losses to the exchequer (likely to be small) with other measures.
  •  
  •   Rumours are rife that the Chancellor may reduce pension tax relief for higher earners.
  •  
  •   The focus will remain on boosting growth and employment, but not at the risk of losing the UK's credibility with investors.

Back to Index


Similar News to this Story

Skilled actuaries required
Since the upheaval of pension freedoms in 2015 when drawdown rules were relaxed and annuity sales declined, the role of actuaries in the DC space ha
A step change is expected for DB pension scheme funding
Mike Smedley, Pensions Partner at KPMG in the UK discusses some of the changes expected for DB pension scheme funding in 2019
What does the ideal actuarial consultant look like
We recently published our Navigating Change report, which looks at the changing role of the actuarial consultant. One issue that struck me was the wid

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.